Brokers expect CPALL's net profits for the first quarter of this year to grow by 23%, and to acquire the full digital wallet assets.

Bualuang Securities Public Company Limited reported that after the Prime Minister spoke about the source Digital wallet distribution project 10,000 baht within a budget of 500,000 million baht Source of money:

  1. Budget expenditure for fiscal year 2025 amounts to 152,700 million baht, which has already been extended to the budget limit for 2025.
  2. The project is implemented through government agencies in the amount of 172,300 million baht, with the Bank of Agriculture and Agricultural Cooperatives sponsoring a group of farmers numbering more than 17 million people, through the mechanism of Section 28 of the 2025 budget.
  3. Manage FY2024 government expenditures amounting to 175,000 million baht, of which the FY2024 budget has just begun. There is time for the government to consider provisions that can be amended. Including the central budget, which may be used additionally in this section if the budget is insufficient.

Including the terms of the latest digital wallet project funds, in terms of estimates, the management has not yet included the digital wallet project, and still views the project as a short-term boost to overall demand. (It has a positive impact on the group only during the project implementation period). However, the side still likes it. CPALL And cbaxt Most in the retail group because given the growth in 2024, that's pretty impressive. With or without a digital wallet

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